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    Property profile & analytics
    OFF-MARKET
    Commercial land

    57410 Gratiot Ave, New Haven, MI 48048-2721

    1 ac lot
    Individually Owned Free & Clear
    Property ID
    US43-1652016
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 57410 Gratiot Ave, New Haven, MI 48048, presents a unique investment opportunity. The 4,400 square foot building, constructed in 1967 and classified as Class B, sits on a spacious 2-acre lot, offering ample parking and potential for expansion. Previously used as a body shop/mechanic, the property features four overhead doors and a 12-foot clearance ceiling, ideal for businesses requiring significant vehicle or equipment access. The building is currently vacant and zoned for General Business Commercial use. Its prime location on Gratiot Avenue, just north of 26 Mile Road, ensures high visibility with over 30,000 vehicles passing daily. The asking price is $595,000, translating to $135.23 per square foot. This versatile property is suitable for a variety of commercial uses, making it an attractive option for entrepreneurs seeking a high-traffic location with significant space and potential. The property consists of two buildings, each one story. This is a rare opportunity to acquire a substantial commercial property in a thriving area.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1 ac (43,560 SF)
    Zoning code RLD
    APN 26-06-33-476-004
    UPID US43-1652016
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Friends Buildingllc
    Friends Buildingllc
    since 2025
    Last sale
    $133,000
    5 recorded transactions
    2025
    2022
    $133,000
    2022
    2019
    2019
    $179,000
    Zoning & alternative use
    RLD · New Haven, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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